The majority of contributions to community open source software (OSS) projects are made by practitioners acting on behalf of companies and other organisations. Previous research has addressed the ...motivations of both individuals and companies to engage with OSS projects. However, limited research has been undertaken that examines and explains the practical mechanisms or work practices used by companies and their developers to pursue their commercial and technical objectives when engaging with OSS projects. This research investigates the variety of work practices used in public communication channels by company contributors to engage with and contribute to eight community OSS projects. Through interviews with contributors to the eight projects we draw on their experiences and insights to explore the motivations to use particular methods of contribution. We find that companies utilise work practices for contributing to community projects which are congruent with the circumstances and their capabilities that support their short- and long-term needs. We also find that companies contribute to community OSS projects in ways that may not always be apparent from public sources, such as employing core project developers, making donations, and joining project steering committees in order to advance strategic interests. The factors influencing contributor work practices can be complex and are often dynamic arising from considerations such as company and project structure, as well as technical concerns and commercial strategies. The business context in which software created by the OSS project is deployed is also found to influence contributor work practices.
In this paper, we examine the relation between innovation and a firm’s financial dependence using a sample of privately held and publicly traded US firms. We find that public firms in external ...finance dependent industries spend more on research and development and generate a better patent portfolio than their private counterparts. However, public firms in internal finance dependent industries do not have a better innovation profile than private firms. The results are robust to various empirical strategies that address selection bias. The findings indicate that the influence of public listing on innovation depends on the need for external capital.
•The size of road freight companies and their diversification vs specialization in type of goods freighted affect who are early adopters of alternative fuel vehicles (AFVs).•The importance of driver ...comfort and payload capacity for a new typical truck bought for the road freight company’s operation was positively linked to being an early AFV adopter.•The importance of factors for a new typical truck bought for the road freight company’s operations such as purchase price of vehicle, fuel cost, and refueling efficiency does not discriminate early AFV adopters from non-adopters.•The findings are based on a Survey study of 156 Swedish road freight companies.
This study investigates the effect of three key firm characteristics (diversification, size, and age) on road freight companies’ early adoption of alternative fuel vehicles (AFVs). While previous studies have identified the determinants of the adoption intention of AFVs, a gap in the literature is research into firm characteristics and the early adopters of AFVs. Because early adopters play an important role in the diffusion of innovation, it is imperative to fill this gap. Based on a survey of 156 Swedish road freight companies and logistic regression analyses, we report that firm size and diversification affect the early adoption of AFVs. In addition, the partial impact of the importance of driver comfort and payload capacity on early adoption of AFVs has been reported. Other factors, including purchase price, fuel cost, and truck refueling efficiency, were not found to discriminate early adopters of AFVs from those who had not yet adopted AFVs. These findings imply to policymakers that the current instruments in use in Sweden, including the greenhouse gas mandate and the relatively high taxation on diesel fuel, have led to the adoption of AFVs by larger road freight companies. For vehicle producers aiming to scale up the production and sales of AFV, the findings suggest the benefit of targeting diversified and larger road freight companies in the first place.
The impact of insurer competition on welfare, negotiated provider prices, and premiums in the U.S. private health care industry is theoretically ambiguous. Reduced competition may increase the ...premiums charged by insurers and their payments made to hospitals. However, it may also strengthen insurers' bargaining leverage when negotiating with hospitals, thereby generating offsetting cost decreases. To understand and measure this trade-off, we estimate a model of employer-insurer and hospitalinsurer bargaining over premiums and reimbursements, household demand for insurance, and individual demand for hospitals using detailed California admissions, claims, and enrollment data. We simulate the removal of both large and small insurers from consumers' choice sets. Although consumer welfare decreases and premiums typically increase, we find that premiums can fall upon the removal of a small insurer if an employer imposes effective premium constraints through negotiations with the remaining insurers. We also document substantial heterogeneity in hospital price adjustments upon the removal of an insurer, with renegotiated price increases and decreases of as much as 10% across markets.
This article is the next article in the series on the patenting behavior and characteristics of computer architecture companies. This article continues to analyze the characteristics for patent ...families.
Bridging Islands Kneller, Robert
2007, 2007-08-23, 20070101
eBook
The innovative strength of the world's two largest economies, the United States and Japan, are based on two different forms of industrial and social organization. For the United States, venture ...companies play a key role in technical and economic progress, while in Japan they have only a minor role. This book argues that without vibrant new high technology companies, Japanese industry will decline inexorably. At the same time, if the favourable yet delicate environment in America is undermined, America will face collapse of its innovative and economic strength. Japan has done much to improve its environment for high technology ventures. It has some promising new high technology companies and gradually increasing numbers of entrepreneurial scientists and managers. But they continue to swim against the current. One reason is that large, established companies dominate high technology fields and pursue an autarkic innovation strategy-relying on research in-house or in affiliated companies. Another reason is that these same large companies still have preferential access to university discoveries, largely because of government policies. Thus, high technology ventures are deprived of niches in which to grow, skilled personnel, and their natural customer base. In the field of university-industry relations, steps can still be taken to improve the environment for high technology ventures-steps that would also increase the quality of university science. The American–Japanese innovation dichotomy represents a broader dichotomy between so-called liberal and coordinated market economies. The lessons from these two countries' experiences are applicable to many industrialized countries, and to developing countries shaping their innovation systems.
Sustainability reporting guidelines developed by Global Reporting Initiative (GRI) provide a systematic approach for the companies to report their performance on social, environmental, and economic ...dimensions of sustainability. This study compared the sustainability reports of leading Indian public and private sector companies. Reports were analyzed based on GRI guidelines toward their reporting on sustainability. A numerical score from 0 to 3 was assigned for each of the 84 performance indicators (9, 30, and 45 indicators for economic, environment, and social dimensions, respectively) of the GRI 2011 guidelines based on inclusiveness of sustainability report. The analysis showed that reporting on economic dimension was comparatively better as compared to social and environmental dimensions. Sampled companies did not show much difference in their reporting practices on economic performances. However, considerable difference was observed in their reporting practices on environmental and social dimensions. Reporting practices of Tata Steel were better in all dimensions of sustainability and emerged as a responsible company on sustainability reporting.
Reaching for Yield in the Bond Market BECKER, BO; IVASHINA, VICTORIA
The Journal of finance (New York),
October 2015, Volume:
70, Issue:
5
Journal Article
Peer reviewed
Open access
This paper studies reaching for yield—investors' propensity to buy riskier assets to achieve higher yields—in the corporate bond market. We show that insurance companies reach for yield in choosing ...their investments. Consistent with lower rated bonds bearing higher capital requirements, insurance firms prefer to hold higher rated bonds. However, conditional on credit ratings, insurance portfolios are systematically biased toward higher yield, higher CDS bonds. This behavior is related to the business cycle being most pronounced during economic expansions. It is also characteristic of firms with poor corporate governance and for which the regulatory capital requirement is more binding.
SMES technology based on MgBsub.2 superconductor and cryogenic-free cooling can offer a viable solution to power-intensive storage in the short term. One of the main obstacles to the development of ...dry-cooled SMES systems is the heat load removal due to the AC loss of the superconductor during fast charging and discharging cycles at high power. Accurate knowledge of the amount and distribution of AC loss in the coil is of paramount importance for the sizing and the design of the cooling system and for assessing the possible operational limits of the technology. In this manuscript, the AC loss of a 500 kJ/200 kW multifilamentary MgBsub.2 SMES during charge-discharge cycling at full power is numerically investigated. The methodology and assumptions of the calculation are briefly resumed, and numerical results are reported and discussed in detail. In particular, the time profile and the distribution of the dissipated power all over the coil are reported. An average dissipation of 85.5 mW/m is found all over the coil during one charge-discharge cycle at full power, with a peak of 150.1 mW/m in the turns lying at the ends of the coil.